Method for computing price discounts in an e-commerce environment

a discount and e-commerce technology, applied in the field of data processing, can solve the problems of draining internal company resources, overpowering an e-commerce website, and difficult task of business managers to specify discounts

Inactive Publication Date: 2005-03-31
IBM CORP
View PDF2 Cites 62 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

The combinatorial explosion caused by large catalogs of items, large numbers of items in individual orders, and large numbers of applicable discounts can easily overwhelm an e-commerce website.
Making the specification of discounts a task a business manager can perform is also difficult in today's e-commerce environment.
This causes a drain on internal company resources and adds to implementation time.
Another difficulty is that adding a new discount to the e-commerce transaction may override some other discounts or cause complex interactions in terms of the impact on the best price or profit.
This makes the definition and addition of new discounts costly and error prone.
Thus, the conventional systems do not adequately provide solutions easily adaptable in today's e-commerce environment where speed and flexibility are essential.

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Method for computing price discounts in an e-commerce environment
  • Method for computing price discounts in an e-commerce environment
  • Method for computing price discounts in an e-commerce environment

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

The invention and the various features and advantageous details thereof are explained more fully with reference to the non-limiting embodiments that are illustrated in the accompanying drawings and detailed in the following description. It should be noted that the features illustrated in the drawings are not necessarily drawn to scale. Descriptions of well-known components and processing techniques are omitted so as to not unnecessarily obscure the invention. The examples used herein are intended merely to facilitate an understanding of ways in which the invention may be practiced and to further enable those of skill in the art to practice the invention. Accordingly, the examples should not be construed as limiting the scope of the invention.

As previously mentioned, there is a need for an improved system and method of computing price discounts in a B2B or B2C e-commerce environment, which allows for an accurate streamlined approach, which is easy to use and implement. Referring n...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to view more

PUM

No PUM Login to view more

Abstract

A method and structure for a set of rules processed by combining a procedural rule engine and a pattern matching inference engine to compute and apply discounts to customer orders in an electronic commerce system. The rule processing occurs in multiple phases. First all applicable discounts are computed. Then all allowable subsets of discounts are computed. Finally, a set of discounts is selected, based on business policies, and the discounts are applied to the order line items.

Description

BACKGROUND OF THE INVENTION 1. Field of the Invention The invention generally relates to the data processing field. More specifically, the invention relates to the field of electronic order processing in an electronic commerce environment. 2. Description of the Related Art In a business-to-consumer (B2C) or business-to-business (B2B) electronic commerce environment, customer orders often contain multiple line items comprising at least a unique item identifier, such as a Stock Keeping Unit (SKU), quantity ordered, and unit price for each item being ordered. At any time, there may be multiple discounts available to the customer based on the customer's identity, date of order, identities of individual items purchased, combinations of items purchased, quantity of items purchased, and total dollar amount of the items purchased. In Internet e-commerce sites, such as those run by IBM WebSphere® Commerce Suite, available from IBM, NY, USA, a marketing manager needs to be able to easily...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to view more

Application Information

Patent Timeline
no application Login to view more
Patent Type & Authority Applications(United States)
IPC IPC(8): G06Q30/00
CPCG06Q30/02G06Q30/0211G06Q30/0222G06Q30/0223G06Q30/0283G06Q30/0234G06Q30/0235G06Q30/0236G06Q30/0239G06Q30/0225
Inventor BIGUS, JOSEPH P.MILLS, W. NATHANIEL III
Owner IBM CORP
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Try Eureka
PatSnap group products